As cryptocurrency market optimism surges, largest meme cryptocurencies lead way
Meme cryptocurrencies are surging on increased trading volume, while digital assets are recovering from a choppy weekend. Pepe , one of the most popular meme coins on Ethereum and Arbitrum , almost reached double-digit gains.Today, on May 13, 2024, out of all of top 100 cryptocurrencies by market capitalization, the largest meme coins demonstrate the best 24-hour performance. Pepe is the undisputed leader with almost 10% growth.
Dogecoin , the largest meme crypto by capitalization and the only"dog coin" in the top 10 biggest cryptocurrencies, has surged by 5.6%. Its capitalization exceeded $21 billion. The upsurges of Bonk and Dogwifhat should also be mentioned: the coins surged by 6.7% and 3.6%, respectively.By contrast, as covered by U.Today previously, during the weekend, all large meme coins underperformed compared to the market's benchmark.To provide context, the crypto market as a whole added only 1.7% overnight, while Bitcoin , the largest cryptocurrency, jumped by 2.7%.
In terms of the altcoin segment, spheres associated with meme coins demonstrated notable growth rates in 24 hours. Only surpassed by AI cryptocurrencies, cat-themed coins added 14.5% in 24 hours. The spike is driven by local rallies of POPCAT, MOG and minor cat coins.Dutch Blockchain Days 2024 x OKX: Leading the Blockchain, Crypto & Web3 Discussion
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bonk Inu (BONK) Flips Floki Inu (FLOKI) After a 55% Surge in Two Weeks: DetailsCrypto Blog
Read more »
VanEck launches MarketVector “MEMECOIN” index to track BONK, FLOKI, DOGE, PEPE, WIF and SHIB tokensWhile Bitcoin exchange-traded funds (ETFs) track BTC price, $90 billion asset manager VanEck has launched a separate index, christened MEMECOIN, to track the performance of the sector’s best and worst performers.
Read more »
WIF, PEPE, FLOKI, SHIB in Red as Crypto Market Takes BreathAll major meme cryptocurrencies are losing value, while WIF and PEPE are worst performers in top 100
Read more »
Dogwifhat, Floki, Bonk See Big Losses but New Meme Coin Presale Dogeverse Nears $11MCrypto Blog
Read more »
Solana Dog Coin Bonk (BONK) Soars 43%, Here's Key ReasonBONK's 24-hour trading volume has risen 391%
Read more »
BONK defies market dip, soars more than 12% after community approves token burnBonk (BONK) saw a 12% gain on Wednesday despite several other altcoins dipping.
Read more »